Armstrong Advisory Group Inc. Grows Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Armstrong Advisory Group Inc. increased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 41.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 919 shares of the exchange traded fund’s stock after purchasing an additional 271 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in iShares U.S. Technology ETF were worth $147,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IYW. LPL Financial LLC grew its holdings in shares of iShares U.S. Technology ETF by 3.0% during the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after purchasing an additional 120,614 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after purchasing an additional 3,179,355 shares during the period. 1832 Asset Management L.P. grew its stake in iShares U.S. Technology ETF by 173.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock worth $153,901,000 after buying an additional 649,192 shares during the last quarter. Park Avenue Securities LLC increased its position in iShares U.S. Technology ETF by 2.0% during the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after buying an additional 18,382 shares during the period. Finally, Cetera Investment Advisers lifted its stake in iShares U.S. Technology ETF by 0.9% in the second quarter. Cetera Investment Advisers now owns 750,041 shares of the exchange traded fund’s stock valued at $112,881,000 after buying an additional 7,039 shares during the last quarter.

iShares U.S. Technology ETF Trading Down 0.9 %

Shares of IYW opened at $158.73 on Friday. The company’s 50 day simple moving average is $161.12 and its 200-day simple moving average is $153.36. The firm has a market cap of $19.50 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $121.05 and a 12-month high of $166.47.

iShares U.S. Technology ETF Company Profile

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).